Deal Watch: Taking Care Of Business Before J.P. Morgan
Executive Summary
Under Momenta/CSL autoimmune partnership, Momenta can opt in to co-development or commercialization on recombinant Fc receptor modulator or just earn a revenue stream from CSL’s efforts with the preclinical candidate. Pieris and Servier sign broad-based immuno-oncology collaboration, while Arena hands off the disappointing Belviq to Eisai.
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Momenta Refocuses On Three Novel Autoimmune Drugs In Transition To More Traditional Biotech
Momenta will invest in three novel drugs and end development of all but two late-stage biosimilars under a new business strategy. The company is reducing its workforce by 50%, or about 110 employees.
Momenta Refocuses On Three Novel Autoimmune Drugs In Transition To More Traditional Biotech
Momenta will invest in three novel drugs and end development of all but two late-stage biosimilars under a new business strategy. The company is reducing its workforce by 50%, or about 110 employees.